Katherine Rae Iarussi Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 54,884 | 15,093 | 39,791 | 31.6 | 0% |
| 2019 | 10,207 | 9,980 | 227 | 48.1 | 0% |
| 2020 | 7,664 | 10,471 | −2,807 | 42.6 | 0% |
| 2021 | 9,285 | 5,055 | 4,230 | 98.4 | — |
| 2022 | 7,509 | 13,808 | −6,299 | 30.5 | — |
| 2023 | 10,073 | 20,803 | −10,730 | 14.1 | — |
In its most recent public year (2023), this organization spent $10,730 more than it brought in. Its reserves stood at about 14.1 months of spending, down from 31.6 in 2018.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Katherine Rae Iarussi Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works